2026-02-04 05:32:31

Tether has lowered its fundraising target from $15-20 billion to $5 billion amid investor skepticism about its $500 billion valuation. CEO Paolo Ardoino stated that the previous fundraising amount was a misunderstanding, emphasizing that the company is highly profitable, with last year's profit around $10 billion, but it is expected to decrease by 25% in 2025.

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BornForGood3913

· 8h ago

Tianrui Xiang has reached a strategic agreement with an investor, who will exchange 15,000 Bitcoins for company equity, currently valued at approximately $1.1 billion. The agreement also includes collaborations related to artificial intelligence and the crypto sector, with plans to jointly establish an innovation lab and develop multiple new products.

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